1628 W 45th Street, Los Angeles, CA 90062

$1,699,000
4
BD
16
BA
8,820
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,699,000
Price Change
▼ $251,000 1781240789
Status
ACTIVE UNDER CONTRACT
MLS#
26665941
Year Built
1927
Bedrooms
4
Bathrooms
16
Living Sq. Ft
8,820
Lot Size
5,613
Acres
0.13
Days on Market
138
Property Type
Multifamily
Stories
Two Levels

Property Description

16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
16

Listing courtesy of Listing Agent: George Morales (georgemorales@compass.com) from Listing Office: Compass.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.